Masco (MAS) Misses Q1 Earnings and Revenue Estimates

Masco (MAS) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of$ 0.92 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.43%. A quarter ago, it was expected that this maker of Behr paint, Delta faucets and other building products would post earnings of$ 0.88 per share when it actually produced earnings of $0.89, delivering a surprise of 1.14 ...